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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Argentine Peso/Colombian Peso (FOREX:ARSCOP)

Bear Market Rally (-75) - ARSCOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSCOP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ARSCOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ARSCOP
Open High Low ARSCOP Price Change
4.4170175 4.4170175 4.4170175 4.4170175 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ARSCOP

long term down The long-term trend has been DOWN since Sep 8th, 2022 at 31.3392490

intermediate term down The intermediate-term trend has been DOWN since Oct 29th, 2023 at 12.0618750

short term up The short-term trend has been UP since Apr 14th, 2024 at 4.3829519

Smart Scan Analysis for ARSCOP

Based on our trend formula, ARSCOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ARSCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4170175 4.4170175 4.4170175 4.4170175 0.0000000
Prev. Close Volume Bid Ask Time
4.4501600 2024-04-14 22:03:59
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